Property Rights Proposal]

The Discussion Forum at The Archimedes Institute (c.f.,
http://www.permanent.com/archi-n.htm) would be probably be a better place
for you to post your message, as that organization is focused on such
policy concerns.

Ron Menich

Arthur Smith
ssi_list@...
apsmith@...
.aps.org

02/22/01
10:37 AM
Please
respond to
ssi_list

A question for the SSI folk: would something like the following be
considered an acceptable starting point for resolving the issue of
property rights in space? Something has to be done before we can expect
substantial private capital investment in space development. The idea is
to provide a framework for the exercise of free markets in space
property rights. Obviously a lot of details would need to be fleshed out
here, but is the basic idea one we can get broad support for?

Arthur Smith (apsmith@...

Date: Wed, 21 Feb 2001 12:00:54 EST

Given my previous comments, this is my proposed solution to the space
property rights problem.

Following the model used with respect to geosynchronous orbit, the
nations should give to some international organization all space
property to allocate, with certain regulations on its use.

This organization will then sell space property, and use the income to
support programs in 3rd world countries.

This organization will have a natural interest in maximizing its return;
the proceeds being used in 3rd world countries should satisfy those who
hold a "common herritage" view of space. And they will have no interest
in adopting policies that will stifle space development.

But, those who acquire the party obtain a clear and unambiguous title to
the land, thus clearing the way for the entrepreneurial development of
space.

Though individuals can acquire title and be permitted not to use that
territory, thus providing a mechanism for the non-use ownership of space
property.

Such a plan would be rejected by those who insist on ideological purity.
But it is meant, instead, to be politically practical.

For those people who wish to see space developed in the real world,
rather than simply imagine the development of space in some ideal world.